Workday (NASDAQ:WDAY) Given New $230.00 Price Target at JPMorgan Chase & Co.

Posted by Defense World Staff on Feb 25th, 2026

Workday (NASDAQ:WDAY – Free Report) had its target price reduced by JPMorgan Chase & Co. from $270.00 to $230.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have an overweight rating on the software maker’s stock.

A number of other research analysts have also commented on the company. Evercore set a $200.00 price objective on Workday in a report on Monday, February 9th. Robert W. Baird set a $195.00 price target on Workday in a report on Tuesday. Wells Fargo & Company dropped their price target on shares of Workday from $290.00 to $255.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Oppenheimer decreased their price objective on shares of Workday from $270.00 to $200.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Finally, BMO Capital Markets dropped their target price on shares of Workday from $285.00 to $204.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $240.25.

View Our Latest Stock Report on Workday

Workday Stock Performance

Shares of WDAY opened at $130.23 on Tuesday. The firm has a market cap of $34.25 billion, a price-to-earnings ratio of 54.72, a price-to-earnings-growth ratio of 1.11 and a beta of 1.13. The company’s fifty day moving average is $184.46 and its 200-day moving average is $213.51. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.34. Workday has a 12 month low of $125.83 and a 12 month high of $281.00.

Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.15. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a net margin of 6.95% and a return on equity of 10.50%. Workday’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.92 earnings per share. Equities analysts expect that Workday will post 2.63 EPS for the current fiscal year.

Insider Activity

In other Workday news, major shareholder David A. Duffield sold 82,884 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.75, for a total value of $17,384,919.00. Following the completion of the transaction, the insider owned 105,049 shares of the company’s stock, valued at $22,034,027.75. This represents a 44.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Robert Enslin sold 22,185 shares of Workday stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $210.17, for a total value of $4,662,621.45. Following the sale, the insider directly owned 106,330 shares in the company, valued at $22,347,376.10. The trade was a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 370,321 shares of company stock valued at $78,866,401. Corporate insiders own 20.00% of the company’s stock.

Hedge Funds Weigh In On Workday

A number of hedge funds have recently made changes to their positions in WDAY. AlphaQuest LLC increased its position in shares of Workday by 636.7% during the 2nd quarter. AlphaQuest LLC now owns 1,886 shares of the software maker’s stock worth $453,000 after purchasing an additional 1,630 shares in the last quarter. PKO Investment Management Joint Stock Co bought a new stake in Workday during the third quarter worth about $1,805,000. Phoenix Financial Ltd. acquired a new stake in shares of Workday during the third quarter worth approximately $2,000,000. Rakuten Investment Management Inc. acquired a new stake in shares of Workday during the third quarter worth approximately $124,718,000. Finally, Norges Bank bought a new position in shares of Workday in the second quarter valued at approximately $442,702,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday News Roundup

Here are the key news stories impacting Workday this week:

Positive Sentiment: Workday beat expectations for the quarter — revenue of ~$2.53B and non‑GAAP EPS of $2.47 topped Street forecasts, and fiscal 2026 results showed solid revenue and operating cash flow growth. Workday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
Positive Sentiment: Management is emphasizing AI (including “agentic” AI) as a growth catalyst and is investing to build differentiated AI capabilities — a positive strategic signal for long‑term revenue potential if product adoption follows. Workday’s CEO is leaning into agentic AI
Neutral Sentiment: Some analysts remain constructive (JPMorgan kept an overweight rating while trimming its price target), showing divergent views on valuation vs. near‑term risk. Benzinga: JPMorgan updates
Neutral Sentiment: Trading volume spiked versus average as the print and guidance drove active re‑pricing — higher volume increases short‑term volatility but also improves liquidity. MarketBeat WDAY page
Negative Sentiment: Workday guided fiscal‑2027 subscription revenue below Wall Street estimates and said subscription growth will slow (guide ~12%–13%), signaling weaker new‑client wins as corporate tech spending softens. Workday forecasts 2027 annual subscription revenue below estimates (Reuters)
Negative Sentiment: Margin outlook disappointed: Workday flagged higher near‑term investment to compete in AI, which pressured adjusted operating income expectations and contributed to the selloff. Workday’s stock dives as earnings reveal the cost of competing in AI (MarketWatch)
Negative Sentiment: The market reaction was sharp: shares fell ~7–8% in after‑hours trading on the weak FY27 outlook, and a few brokers (including Jefferies) downgraded or cut targets ahead of the print — increasing near‑term downside risk. WDAY shares tumble nearly 8% after-hours on weak FY27 guidance (MSN) Jefferies downgrades Workday (MSN)

About Workday

(Get Free Report)

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.